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Rare American classics highlight $11-Million Hershey auction

RM Sotheby's 12th annual Hershey auction featured almost 150 classic cars

Published: October 15, 2018, 8:45 AM
Updated: October 24, 2018, 6:29 PM

1930 Cadillac V-16 Roadster with Body by Fleetwood ($495,000 US) - RM Sotheby's 2018 Hershey Auction

RM Sotheby’s 12th annual classic car auction in Hershey, PA, traditionally coinciding with the Antique Automobile Club of America’s (AACA’s) established Eastern Division Fall Meet, achieved an overall total of $10,999,096 in sales over two evenings, with 94% of all lots sold.

Almost 150 vehicles and a large array of memorabilia were on offer, with bidders from 19 countries and 45 U.S. states. A 1930 Cadillac V-16 Roadster with a Fleetwood body achieved the top sale price of $495,000 (all prices in $US), against a pre-sale estimate of $400,000 - $450,000.

The top three sellers also included a 1941 Packard Custom Super Eight One Eighty Convertible Victoria by Darrin, one of 35 built, for $357,500, and a 1934 Lincoln Model KB Convertible Sedan by Dietrich, one of just 25 examples, for $286,000.

“On both Thursday and Friday, numerous individual lots of various categories achieved final prices well above their high estimate, demonstrating the very real interest in truly rare or exceptionally historic American motor cars,” said Gord Duff, Global Head of Auctions, RM Sotheby’s Group, following the sale.

As an example, a 1948 Playboy A48 Convertible, an unusual and very rare American post-war microcar, nearly doubled its high estimate at $132,000 (est. $55k/$75k).

An exceptional 1960 Plymouth Fury Convertible, the 1960 Mexican International Auto Show car with a mere 22,000 original miles, eventually sold for $209,000 (est. $130k/$150k).

In addition, a 1912 Marmon Model 33 Bobcat, a very rare and highly desirable survivor, sold for $132,000, soaring past its estimate of $60,000 - $90,000, while a one-off 1911 American Eagle Touring  saw perhaps the longest contest of the auction, with multiple bidders in the room and on the phone running its final price up to $242,000, tripling its high estimate (est. $50k/$80k).